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Natural Gas
2024-10-25
Beach Energy Brings More Natural Gas To The East Coast
Beach Energy has delivered first gas from two development wells to the Otway Gas Plant -- marking completion of the largest ever offshore drilling and development program in the Otway Basin.The two Thylacine West wells are approximately 70 kilometres offs
United Kingdom
2024-10-25
Thames Water Launches £3bn Emergency Fundraising Drive
Thames Water has launched a £3bn fundraising drive to help pay off some of the struggling utility’s large debt pile.The water company has just £500m in cash, and hopes the new money will extend its ability to function for at
Oil & Gas Trade
2024-10-25
More Rig Market Consolidation On The Cards As Transocean And Seadrill Ponder Merger
Media speculation is running high following reports that the two offshore drilling players have engaged in initial talks regarding the possibility of merging their assets to create a bigger player, further boosting the pricing power offshore drillers enjo
Solar Power Plant
2024-10-25
BP Completes Takeover Of Solar Power JV Lightsource BP
British oil giant BP (BP.L), said on Thursday it has taken full ownership of Lightsource BP, after closing the previously announced buyout of the remaining equity in the solar developer.Under the deal, announced in November last year, BP bought the remain
Electricity Transmission
2024-10-24
Iberdrola acquires 88% of UK-based Electricity North West for $5.4bn
Iberdrola has closed the acquisition of an 88% stake in UK-based Electricity North West (ENW).The agreement values the entire company, including debt, at €5bn ($5.4bn).ENW is located in a key area for Iberdrola, between the existing ScottishPower
Electric Vehicles
2024-10-24
Mobile PV-powered EV Charging Stations For Commercial, Industrial Sites
A UK solar car park company, 3ti Energy Hubs, has launched Papilio3, a standardized, portable solar charging station in a carport design with space for twelve electric vehicles.Made for rapid deployment, the Papilio3 system is grid-connected with 18 MWh a
Offshore Wind Power
2024-10-24
Pioneering North Sea Soil Survey Helps Design New Offshore Wind Farms
In a first for the North Sea, a large-scale three-dimensional Ultra High Resolution Seismic (3D UHRS) soil survey was conducted between mid-June and late August 2024, commissioned by the Netherlands Enterprise Agency (RVO). This pioneering research is exp
Offshore Wind Power
2024-10-24
Cost Of North Sea Energy Island Could Reach 7 Billion Euros, Far Exceeding Initial Estimates
The cost of the Princess Elisabeth energy island in the North Sea could soar to 7 billion euros, significantly higher than the initial estimate of 2.2 billion euros, report Belgian newspapers De Tijd, De Standaard, and L’Echo on Thursday. The ri
Oil & Gas Trade
2024-10-24
Equinor Q3 Profit Lags Forecast, Sees Lower Capital Expenditure
Equinor (EQNR.OL), on Thursday reported a sharper-than-expected decline in third-quarter profits, hit by weaker oil prices and lower production, and cut its full-year outlook for capital expenditure and renewable energy production growth.The Norwegian oil
Hydrogen Project
2024-10-23
Germany Approves $20.5 Billion Hydrogen Push
Germany’s government has approved plans for the development of a hydrogen network that would cost 19 billion euros, equivalent to $20.5 billion.The plan would include converting natural gas pipelines into infrastructure for the transportation of
Offshore Wind Power
2024-10-23
Dutch Port Welcomes First Batch of Monopiles For RWE’s Thor Offshore Wind Project
Buss Terminal Eemshaven, part of the Hamburg-based terminal operator Buss Ports, provides storage space, heavy unloading equipment, and operators at the port while also managing the port logistics.In spring 2025, foundations will be shipped from the Dutch
Decarbonization
2024-10-23
Iberdrola Profit Jumps 50% As Focus On US, Britain Pays Off
Europe's largest utility Iberdrola (IBE.MC), opens new tab posted on Wednesday a 50% increase in net profit for the first nine months of the year, in a sign that its focus on Britain and the United States is paying off.This is part of a broader sh
Electric Vehicles
2024-10-23
Scania Touring LNG Wins Sustainable Bus Award 2025
Sustainable BusScania is delighted to receive the Sustainable Bus Award 2025 in the coach category for the Scania Touring LBG/LNG, recognising its commitment to setting new standards in sustainable transport and pioneering a greener future in people mobil
Electric Vehicles
2024-10-23
Romanian Shipyard VARD Tulcea Builds EUR 320 Mln Cable-laying Vessel For Prysmian
Romanian shipyard VARD Tulcea, part of the world leading shipbuilder Vard Group owned by Fincantieri, will build a EUR 320 million cable-laying vessel for Prysmian – a Milan-headquartered company specializing in the production of electrical cabl
Photovoltaic (PV)
2024-10-23
London Stadium to Install Solar Array
London Stadium, home of West Ham United, will soon be fitted with a 6,500 sq m solar array. Image: London StadiumA major stadium in London will soon be entirely powered by solar, thanks to the installation of a new solar array.London Stadium, former Olymp
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UK's Drax to buy Bluefield Solar Income Fund in $755 million deal
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Serbia Launches Carbon Credit Trading Platform in Response to EU CBAM Mechanism
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Scottish Carbon Removers Secures £1 Million Investment to Expand Modular Carbon Capture Technology Applications
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Indian renewable power firm Clean Max raises about $575 million
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Naturgy to Invest Over €300 Million in Nuevo Leon
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Norway’s First Floating Wind Tender Attracts Two Bids